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via seekingalpha.comBusiness & Companies

Dole shares drop as earnings miss, full-year target trimmed

FROM THE WIRE · SEEKINGALPHA.COM

[Fruit And Vegetable Company Dole Plans Initial Public Offering] Scott Olson/Getty Images News Shares of fresh produce company Dole (DOLE [https://seekingalpha.com/symbol/DOLE]) plunged about 8% in premarket trading on Monday after it reported third-quarter adjusted earnings…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishAn earnings miss and a trimmed full-year target push the stock lower in premarket trading.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Dole fell about 8% in premarket trading after third-quarter results.
  2. 02Adjusted EPS was 16 cents versus a 34-cent average analyst estimate.
  3. 03Revenue rose 3.8% to $2.37 billion, broadly in line with consensus.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Dole plcDOLEStock13.88 USDMarket closedtoday +0.29%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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